Funtime,_Inc.

Funtime, Inc.

Funtime, Inc.

Defunct American amusement park company


Funtime, Inc was an American amusement and entertainment company located in Cleveland, Ohio.[1] The company was established in 1965. It owned several properties throughout its 31-year-long lifespan.

Quick Facts Company type, Industry ...

History

Funtime Inc. was established in 1965 when four former Cedar Point employees, including Gasper Lococo (1928–2016), a former military sergeant from Huron,[2] pooled their resources and purchased Geauga Lake in Ohio for $5 million.[3] The park had previously been owned by members of the Kuhlman/Schryer family.[4] In 1983, the company began managing Wyandot Lake in Columbus, Ohio.[5] That same year FunTime acquired 50% controlling interest in Darien Lake.[6] In 1995, Funtime entered into an agreement to manage Lake Compounce in Bristol, Connecticut.[1]

Sale to Premier Parks

In August 1995 Funtime, Inc. was acquired by Premier Parks (later Six Flags) for $60 million.[7] The deal to manage Lake Compounce was canceled and the Kennywood Entertainment Company was awarded the contract.[8]

Properties

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References

  1. "Nation's Oldest Fun Park To Get a Brand New Look". New York Times. New York, New York. July 22, 1995. Retrieved October 10, 2018.
  2. "Funtime Inc. co-founder Gasper Lococo has died". Amusement Today. 2015-10-07. Retrieved 2019-04-06.
  3. "Geauga Lake History Page 2". www.geaugalaketoday.com. Retrieved 2019-04-06.
  4. "Geauga Lake History". www.geaugalaketoday.com. Retrieved 2019-04-06.
  5. Burns, Adrian (16 October 2006). "Changes idling Wyandot Lake in '07". Business First. Retrieved 6 April 2019.
  6. "Funtime Inc. co-founder Gasper Lococo has died". Amusement Today. 2015-10-07. Retrieved 2019-04-06.
  7. "Geauga Lake History Page 5". www.geaugalaketoday.com. Retrieved 2019-04-06.
  8. "Lake Compounce - About Lake Compounce". Lake Compounce. 3 May 2018. Retrieved 2019-04-06.
  9. Matzer Rose, Marla (13 June 2006). "Zoo to keep Wyandot Lake afloat". The Columbus Dispatch. Archived from the original on 2011-05-23. Retrieved 6 April 2019.

Sources


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